Analysis News The five biggest stories to hit our headlines over the past seven days… News UMG EVP, Boyd Muir, confirms that UMG needs to cut costs to hit the mid-20s EBITDA margin target it promised investors News News was announced in a memo sent by Atlantic Music Group Chairman and CEO, Julie Greenwald Analysis News WMG CEO Robert Kyncl revealed the news at the Web Summit tech conference in Doha, Qatar on Tuesday, February 27 News Fatehi will remain signed to T-Series, the Indian music label and movie studio, for her Bollywood projects. Analysis News Earlier this month, Robert Kyncl, CEO of Warner Music Group, confirmed that WMG is in active discussions to sell two of Complex's long-time rivals News Denis Ladegaillerie, founder and CEO of Believe, makes statement in reaction to UMG and ByteDance's public falling-out Analysis News Spotify's annual report reveals an interesting trend around the joint market share of major record companies and Merlin on the platform